Black Thursday. Eventually!

Discussion in 'Trading' started by kashirin, Aug 9, 2007.

  1. kashirin

    kashirin

    Is ES 1200 a good target to put my Buy limit?
    I don't think it will be allowed to go below 1000 this week
     
  2. i think standing waaaaaaaay back, and preparing for failed rallys to short is more like it
     
  3. The futures are pricing in armageddon or something?

    :p
     
  4. Daal

    Daal

    down -1.75% and the gates havent even opened yet
     
  5. funds that are down will be even more down because many funds are correlated. one down means everyone down. quants are stunned because their models never predicted this. eventually everyone will hit the sell button at once.